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Oil and Gas Energy News Update

Monday, August 22, 2011

Blake International Adds Another Rig to its Fleet

- Blake International Adds Another Rig to its Fleet

Monday, August 22, 2011
Blake International

Blake International has purchased a 3000hp platform rig from Well Services LTD in Trinidad. Blake has renamed the rig the 'Blake Rig 5' and it has a 1 year contract working for PEMEX with a contract value of $25,000,000.00. "This acquisition was essential for us to meet the market's demand for higher horsepower rigs", says Beau Blake, Vice President of Business Development.
>P?The Blake Rig 5 is currently being shipped from Trinidad to Mexico where it will undergo minor refurbishments before beginning its contract with PEMEX.

Blake International owns and operates a fleet of 10 Platform Rigs in the US and Mexico.

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